Social Security Pension Reform in China
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CitationFeldstein, Martin. 1999. Social security pension reform in China. China Economic Review 10, No. 2: 99-107
AbstractChina has legislated a mixed social security pension system with a defined benefit pay-as-you-go portion and an investment-based defined contribution portion. This paper analyses the economics of these two types of systems in the Chinese context and calculates the advantage to China of using an investment-based portion. Several options for reform of the recently legislated system are considered.
Citable link to this pagehttp://nrs.harvard.edu/urn-3:HUL.InstRepos:2794835
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